Analysts Corner

MAY 22, 2023

Introduction Logistic regression, much like linear regression, stands as a fundamental method in predictive analytics. However, while linear regression is typically employed for predicting quantitative outputs, logistic regression shines in the realm of categorical predictions, primarily binary. The threshold at 0.5 Less than 0.5,

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Logistics Predictive Analytics Healthcare Finance 130

Dataversity

JULY 30, 2021

In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. What Is Binary Logistic Regression Classification? Logistic regression measures the relationship between the categorical target variable and one or more independent variables.

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Smart Data Collective

FEBRUARY 3, 2022

The basis of this concept is data transmission between devices that allows them to gather, process, and analyze information using special equipment and software. Industrial Internet of Things (IIoT) finds application in various spheres, such as production, logistics, trade, healthcare, and transport industry. Logistics and Warehousing.

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Smart Data Collective

MARCH 8, 2021

This ever-growing volume of information has given rise to the concept of big data. And I do not mean large amounts of information per se, but rather data that is processed at high speed and has a strong variability. Nowadays, managers across industries rely on information systems such as CRMs to improve their business processes.

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Smart Data Collective

JANUARY 27, 2022

They deal with analyzing significant amounts of unstructured information to identify connections that are not obvious at first glance. Logistics Expert. A logistics specialist needs to develop the cheapest way to deliver products. As a result, businesses have to recoup and deliver information through relevant channels.

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Smart Data Collective

DECEMBER 16, 2021

They are also using data analytics tools to help streamline many logistical processes and make sure supply chains operate more efficiently. Many of these third-party organizations offer invaluable analytics capabilities, which can help address countless logistical issues. Encryption.

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Data Pine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

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Smart Data Collective

MAY 17, 2021

Intrinsically, it can process information on a large scale, utilizing automation and smart analytics tools. Legacy solutions might have used paper trails and documents, but that same information is now digital. This is helpful in logistics, but it has sweeping implications in the construction industry, too.

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Smart Data Collective

SEPTEMBER 2, 2020

In simple words, this process refers to the logistics leading to the delivery of different services with the help of the internet. With more dependence on technology, it has become crucial for modern businesses to put their information on the web. What is Cloud Computing? Why Choose Server Space?

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Smart Data Collective

APRIL 7, 2022

Companies in the distribution industry are particularly dependent on data, due to the complicated logistics issues they encounter. Because an integrated ERP system automatically pulls back end data from inventory, sales and other departments, it can display accurate inventory information that helps prevent stockouts and backorders.

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Smart Data Collective

MARCH 14, 2022

Furthermore, with tracking capabilities, it is possible to get insights into the driving habits of employees, and use this information to make recommendations for improvements, and analyze performance over time. Market Research for Customer Engagement. Industry-Specific Operational Improvements.

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Smart Data Collective

SEPTEMBER 29, 2022

Every company deals with a certain number of documents on a daily basis: invoices, receipts, logistics, or HR documents… You have to keep these documents, extract the useful information for your business, and then integrate them manually into your database. The software extracts all the information in plain text in a TXT format.

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Smart Data Collective

DECEMBER 14, 2020

Use up-to-date information to learn about traffic and weather conditions, for example, and the location of transport carriers. Take information from various sources, such as warehouse layout, product inventory, order details, and past picking times, and input these details into analysis programs. Improved Vendor Management.

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Smart Data Collective

MAY 29, 2019

This kind of information ensures that retailers can understand their customers better and implement what is needed to keep their customers happy and returning. The information which is gathered enables retailers to create a personalized experience for customers. All the information is collected to improve services. Construction.

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Smart Data Collective

AUGUST 3, 2023

As the logistics sector continues to expand and evolve, blockchain technology is becoming an integral part of supply chain procedures. Also, it enables the compilation of detailed information on container movement, providing real-time and transparent tracking throughout the supply chain. Journal entries are time-stamped for accuracy.

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Dataversity

DECEMBER 9, 2020

Collecting and then analyzing retail data like customer visits, logistic fulfillment, pricing, and customer satisfaction presents a […]. In an industry as competitive as eCommerce retail, the ability to turn data into actionable insights presents the opportunity to make business decisions that drive more revenue and control costs.

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Smart Data Collective

APRIL 10, 2020

Taking control of the data that you have can not only improve information accessibility within your company but provide a range of benefits that can be the driving force behind gaining a competitive advantage in your market. Make More Informed Decisions. But how exactly can big data help? Helps You Hire the Best Candidates.

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Big Data Supply Chain Logistics Customer Experience 354

ElegantJ BI

MAY 20, 2016

ElegantJ BI is pleased to be a Silver Sponsor at the Gartner Business Intelligence, Analytics and Information Management Summit, which will be held on June 7-8, 2016 in Mumbai, India. The theme of the conference is Information & Analytics Leadership: Empowering People with Trusted Data.

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ElegantJ BI

MAY 20, 2016

ElegantJ BI is pleased to be a Silver Sponsor at the Gartner Business Intelligence, Analytics and Information Management Summit, which will be held on June 7-8, 2016 in Mumbai, India. The theme of the conference is Information & Analytics Leadership: Empowering People with Trusted Data.

Business Intelligence 130

Business Intelligence Business Intelligence Data Discovery Logistics 130

ElegantJ BI

MAY 20, 2016

ElegantJ BI is pleased to be a Silver Sponsor at the Gartner Business Intelligence, Analytics and Information Management Summit, which will be held on June 7-8, 2016 in Mumbai, India. The theme of the conference is Information & Analytics Leadership: Empowering People with Trusted Data.

Business Intelligence 130

Business Intelligence Business Intelligence Data Discovery Logistics 130

Astera

DECEMBER 3, 2024

Take logistics and transportation, for example, where companies process hundreds of thousands of documents daily to keep the goods in motion and the supply chain functional. So, what are logistics companies doing to handle such a vast number of documents? And that brings us to the document processing challenges in the logistics sector.

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Smart Data Collective

JUNE 2, 2022

Companies can invest in specialized cloud software that provides essential data that helps give them real-time access to suppliers, electronic invoices, and other information. Since information on suppliers is usually readily available in the cloud, they can tap this data and make timely decisions. ROI-Driven Concept.

Procurement 314

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Smart Data Collective

FEBRUARY 14, 2023

Furniture Store Owners Are Likely to Invest More in Data Analytics to Boost Sales In the digital age, where data reigns supreme, information on actually utilizing data could be much better. Trying to make sense of unstructured and disorganized data is very difficult, which is why the conversion to information is so vital.

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Smart Data Collective

SEPTEMBER 16, 2020

For any marketing campaign or predictive analytics application, one of your better decisions may be to source information directly instead of relying on actionable insights provided by third parties.

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Analysts Corner

FEBRUARY 12, 2024

Requirements trace (or traceability) information documents the logical links between individual requirements and other system elements: other requirements of various types, business rules, design components, code objects, tests, help files, and so on. > Despite its name, logistic regression is not a regression but a classification model.

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Smart Data Collective

AUGUST 4, 2020

How data analytics is disrupting the logistics of online education for digital marketing agencies. This information is just as applicable to training programs for digital marketers as traditional educational programs. This is one of the biggest trends in digital marketing.

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Smart Data Collective

FEBRUARY 28, 2021

This kind of data can help you save money by incentivizing safer driving, cutting fuel costs, improving logistics, managing maintenance, and maximizing your repair budget. Just implementing data analysis tools can increase productivity, because it gives your employees access to the information they need. Cut Operating Costs.

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Smart Data Collective

MARCH 28, 2022

Simplifying the logistics. Thus, the platform will store your products in its warehouses and take care of logistics and shipping. It is constantly accumulating more data on customers and sellers using their platform, so you can make more informed decisions. There are some awesome benefits of creating a business on Amazon.

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Smart Data Collective

FEBRUARY 21, 2021

Transportation and logistics is a prime example. Once again it all comes down to giving decision-makers the power to come to informed conclusions about the factors impacting fleet productivity and overarching costs, without needing to invest vast amounts of time, money and resources into manually reaching these decisions.

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Smart Data Collective

JUNE 19, 2022

Hans Thalbauer, Google Cloud’s managing director for supply chain and logistics stated that companies are using end-to-end data to better manage risks at different junctions in the supply chain to avoid breakdowns. Cloud-based applications can also help. Google Cloud author Matt A.V. Chaban addressed this in a recent article.

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Smart Data Collective

NOVEMBER 20, 2022

In some contexts, the massive use of information obtained from computers controlling processes and information systems means that the databases of these processes are of unimaginable size. Despite its clear benefits, there are considerable challenges in using data analytics in manufacturing processes.

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Timo Elliott

JANUARY 9, 2020

Every time people interact with processes and information processes, they add valuable insights. But because human-generated information is hard to gather, aggregate, manipulate, and analyse, it’s typically not considered part of traditional information architectures.

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Artificial Intelligence Innovation Logistics Finance 221

Timo Elliott

MARCH 6, 2023

Elliott also emphasizes the importance of empowering employees by providing them with necessary tools and information, while maintaining a secure and compliant framework to avoid chaos. He also mentions ASR Group using machine learning to optimize routes for sugar delivery to their 600 customers, reducing logistics costs.

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Smart Data Collective

JULY 20, 2021

It also supports connecting Salesforce with other critical business applications for enterprise management, finance, human resources, operations and logistics. It eliminates the requirements of manual sharing of data, which results in getting more accuracy, flexibility and informative insights. #9

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Smart Data Collective

JUNE 25, 2019

The foundation of the online business model is the effort to find out as much useful information about an individual customer as possible, and then use that data to personalize marketing. Streamline Your Supply Management and Logistics. Here is a list of some of the best big data plugins available on WordPress.

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Smart Data Collective

SEPTEMBER 8, 2020

Companies have been able to log data on product movement and, by analyzing these, they are able to streamline many of their logistics processes. The information, in turn, can fuel data and analytics efforts, resulting in better strategies to run more effective cold chains. Challenges in Cold Chain Management.

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Smart Data Collective

JUNE 14, 2022

In addition to understanding the logistics of networking and a detailed knowledge of statistics, they must possess solid programming skills. Building code is hard work, and you don’t want to risk losing all your information because of a system failure or power outage. Data scientists need to have a number of different skills.

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